The newly minted Cake DeFi Ventures, will invest in gaming, Web3 and financial technology developers on behalf of its decentralised finance parent.
Category: News
Tencent helps Flash cash in
The corporate benefits provider reportedly raised in excess of $100m in its series C round, which it claims is Brazil’s second largest round for an HR technology provider.
Gravie gravitates to $75m series E round
Axa Venture Partners has returned to take part in the personalised health insurance service’s latest round, a year after it raised $28m in series D funding.
Colossal Biosciences engineers $60m series A
Animoca Brands and Untamed Planet have stepped out of the crypto and gaming sphere to invest in a genetic engineering startup looking to bring back the woolly mammoth.
Salesforce backs Atlan’s $50m series B
Salesforce became Atlan’s first corporate investor in a round valuing the data collaboration platform developer at $450m.
Daily Deal Round Up: March 10, 2022
GV and Animoca Brands helped earphone developer Nothing secure $70m while Cialfo bumped its Seek-backed series B round up to $60m.
MUFG to explore India with $300m vehicle
The financial services provider’s Ganesha Fund will focus on India-based fintech and IT startups that can help develop new products and digitalise its core business.
LanzaTech lands $2.2bn reverse takeover agreement
ArcelorMittal, Mitsui, Novo, Siemens and Petronas are in line to exit the carbon recycling technology provider, which is set for a Nasdaq listing.
TRexBio tracks corporates for $85m series A close
Eli Lilly, Johnson & Johnson Innovation – JJDC, Pfizer Ventures and Alexandria Venture Investments all returned for the $26m second tranche of the immunobiology therapy developer’s series A round.
Argyle verifies $55m in funding
Checkr returned to help the employment data verification provider boost its total funding to over $77m.
Forma benefits from $40 series B
Employee benefits management platform Twic rebranded to Forma while raising cash from investors including existing backer Stripe.
Daily Deal Round Up: March 9, 2022
JPMorgan Chase and Salesforce Ventures took part in financial services provider Propel’s $50m series B round while prayer app developer Glorify closed its second $40m round in three months.
Axonius executes $200m series E
Deutsche Telekom-backed DTCP was among the investors that pushed the cybersecurity management platform developer’s valuation to $2.6bn.
DNAnexus draws $200m in funding
Returning investor GV returned for a round which hiked the clinical data software provider’s overall funding to over $470m.